Šarūnas Tarutis, Citus photo
Economy

Citus experts: despite the uncertain situation, a sq.m. record was broken in Vilnius

The sales of the second month of summer continue to display a holiday season in the real estate sector: in Vilnius, 118 sales of new apartments and terraced houses were agreed, and in Kaunas – […]

Money
Economy

Intense price hikes ahead in another sector, warns: many people will feel the impact

Experts’ forecasts for the Lithuanian economy are far from optimistic. Economists say that rising inflation and Russia’s war in Ukraine will only further accelerate the rise in food prices and deglobalisation. The construction sector is […]

Money
Economy

Last year, people borrowed more for larger purchases than for immediate consumption

Although the amount of consumer credit granted fell by 16% last year, the average amount of credit increased by 46%, from €1 231 in 2020 to €2 048 in 2021, according to the latest statistics […]

Economy

Can worker shortages be solved without large investment?

The shortage of skilled workers is a problem faced by companies around the world, including in Lithuania. According to the Lithuanian Department of Statistics, there are currently almost 27,000 vacancies – one and half times […]